JustUncleL

VDUB BB %B REVERSAL_v4.2 revised by JustUncleL

This is an revised Open Public version of Vdub Bollinger Band %B reversal indicator. This version includes optional Divergence Finder with selectable channel width, optional Market Session time highlighting and optional Binary Option expiry markers.
Aug 08
ملاحظات الأخبار: R4.3 By JustUncleL: some minor updates
  • Updated for Version 3 Pinescript compliance.
  • Added option to change Session times.
  • Change to 3 Session times: Asia, Europe and NewYork
  • Added Colourung under BB %B curve to Highlight %B peaks.

HINT: I find Divergence works better at the Higher Time Frames 4hr or Daily.
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Aug 08
ملاحظات الأخبار: Small Update:
Changed input type to "session" for Session Time entries.

HINT#2: Look for Divergence markers that begin from Peaks above 50% or below -%50.
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JustUncleL

التعليقات

This is for BO ;)
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Lyiness Lyiness
Trade directly the signal and not the candle afterwards
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@Lyiness, Thank you for your BO trading idea. Please be aware, if not already, that the %B curve is a reflection of the Bollinger Bands: when %B crosses the zero that is the same as price crossing centre line of BB; when %B goes above 50 or below -50, then that is the same as price moving outside of the BB.
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Lyiness JustUncleL
@JustUncleL, I admire your work here. is there a more specific alternative?

 


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Lyiness JustUncleL
@JustUncleL, in the picture it is a bit unclear. I already trade the candle with the signal and not the after and quite successful.
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@Lyiness,What your are trading is a valid way of of using Bollinger Band centre line (which is the same as %B zero), and if it is working for you I would not change a thing. I was just making sure Traders were aware of what the BB %B indicator represents. It is generally used more for Divergence analysis on Higher Time Frames H1+, but that does not mean that is the only way it can be used as it is really a representation of the Bollinger Bands.
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Lyiness JustUncleL
@JustUncleL, Thank you for your good response
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Is the signal repainting after the bar close? Thanks
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JustUncleL cristian.d
@cristian.d, Please refer to Open Close Strategy R5 for details regarding repainting issues.
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This Indicator can be use for Equity insted of Currency?
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الصفحة الرئيسية منصة الأسهم منصًة العملات منصّة العملات الرقمية جدول الأعمال الاقتصادي كيف نعمل مميزات الرسم البياني أسعار العضوية إحالة صديق قوانين الموقع مركز المساعدة حلول المواقع الإلكترونية والوسطاء الأدوات حلول الرسوم البيانية مكتبة الرسوم البيانية صغيرة الحجم المدوّنة والأخبار تويتر
ملف التعريف إعدادات الصفحة الشخصية الحساب وإعداد الفواتير إحالة صديق تذاكر الدعم الخاصة بي مركز المساعدة التحاليل المنشورة المتابعين تتابع رسالة خاصة المحادثة تسجيل الخروج